INDUSTRIAL DEVELOPMENT CORPORATION OF SOUTH AFRICA LIMITED - IDCG17-New Financial Listing

IDCG17-New Financial Listing

Industrial Development Corporation of South Africa limited
(Incorporated in the Republic of South Africa)
(Registration No. 1940/014201/06)
Issuer code: IN02
Instrument code: IDCG17 ISIN: ZAG000157025
(“IDC”)


New Financial Instruments Listing and Tap Issue Announcement


The JSE Limited has granted a listing of financial instruments under
the IDC’s Domestic Medium Term Note Programme on the Interest Rate
Market.

Authorised programme size            R40,000,000,000.00


Full instrument details are as follows:


  Bond Code                 IDCG17

  Nominal Issued           R 1,000,000,000.00
  Issue Price              100%
  Coupon                   8.850% (3 Month JIBAR as at 03   February
                           2019 of 7.150% plus 170 bps)
  Coupon Rate Indicator    Floating
  Trade Type               Price
  Final Maturity Date      8 February 2024
  Books Close Date(s)      3 February, 3 May, 3 August, 3   November
  Interest Payment Date(s) 8 February, 8 May, 8 August, 8   November
  Last Day to Register     By 17:00 on 2 February, 2 May,   2 August, 2
                           November
  Issue Date               8 February 2019
  Date Convention          Following
  Interest Commencement
  Date                     8 February 2019
  First Interest Payment
  Date                     8 May 2019
  ISIN No.                 ZAG000157025

  https://www.idc.co.za/bond-issuance/
Johannesburg
7 February 2019

Debt Sponsor
The Standard Bank of South Africa Limited

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